GOEL (BEDFORD) LIMITED


Directors	HASSAN, Puja Sana
	HASSAN, Riaz
	HASSAN, Tanya


Registered Address	Fulford Lodge
	1 Heslington Lane
	Fulford
	YO10 4HW


Registered Number	07203484 (England and Wales)

Statement of Financial Position
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	4		154,095		195,600
			154,095		195,600
Current assets
Stocks	5	2,800		7,500
Debtors		214,367		109,243
Cash at bank and on hand		39,530		10,822
		256,697		127,565
Creditors amounts falling due within one year	6	(183,461)		(174,761)
Net current assets (liabilities)			73,236		(47,196)
Total assets less current liabilities			227,331		148,404
Creditors amounts falling due after one year	7		(128,228)		(119,138)
Provisions for liabilities	9		(2,302)		(2,302)
Net assets			96,801		26,964
Capital and reserves
Called up share capital			100		100
Profit and loss account			96,701		26,864
Shareholders' funds			96,801		26,964

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 3 November 2025, and are signed on its behalf by:

HASSAN, Puja Sana
Director

HASSAN, Riaz
Director

Registered Company No. 07203484

GOEL (BEDFORD) LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	These financial statements have been prepared in compliance with FRS 102 Section 1A, The Financial Reporting Standard applicable in the UK and Republic of Ireland.

	Basis of preparation
	The financial statements have been prepared on the historical cost basis.

	Functional and presentation currency
	The financial statements are presented in sterling, which is the functional currency of the entity.

	Going concern
	The UK economy has recently been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis.

Going concern

The UK economy has recently been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine.  All these matters have impacted the company's trading results to a greater or lesser extent.  At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis.

	Revenue from sale of goods
	The revenue shown in the profit and loss account represents income receivable from dental treatments carried out during the period. Revenue in respect of dental treatment uncompleted at the year end date is recognised by reference to the state of completion.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

Employee benefits

Contributions to defined contribution plans are expensed in the period to which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted, or substantively enacted, by the reporting date that are expected to apply to the reversal of the timing difference.

Deferred tax

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted, or substantively enacted, by the reporting date that are expected to apply to the reversal of the timing difference.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Goodwill
	Goodwill arising on an acquisition of a business is carried at cost less accumulated impairment losses, if any. Goodwill is amortised over its expected useful life which is estimated to be ten years. Goodwill is assessed for impairment when there are indicators of impairment and any impairment is charged to the income statement. No reversals of impairment are recognised.

	Tangible fixed assets and depreciation
	Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


		Reducing balance (%)
	Plant and machinery	20
	Fixtures and fittings	20
	Office Equipment	20

	Finance leases and hire purchase contracts
	Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. 

Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

	Stocks and work in progress
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all cost of purchase, cost of conversion and other costs incurred in bringing the stock to its present location and condition.

	Related parties
	For the purposes of these financial statements, a related party could be a person or an entity. Careful consideration is given to the definition of a related party to ensure that all related party relationships, transactions and balances are identified.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	6		11

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 April 24	360,000	360,000
At 31 March 25	360,000	360,000
Amortisation and impairment
At 01 April 24	360,000	360,000
At 31 March 25	360,000	360,000
Net book value
At 31 March 25	-	-
At 31 March 24	-	-

4.	Tangible fixed assets

	Land & buildings	Plant & machinery	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 April 24	51,066	25,694	141,682	49,121	267,563
At 31 March 25	51,066	25,694	141,682	49,121	267,563
Depreciation and impairment
At 01 April 24	7,354	15,677	30,023	18,909	71,963
Charge for year	-	4,518	27,926	9,061	41,505
At 31 March 25	7,354	20,195	57,949	27,970	113,468
Net book value
At 31 March 25	43,712	5,499	83,733	21,151	154,095
At 31 March 24	43,712	10,017	111,659	30,212	195,600

5.	Stocks

	2025	2024
	£	£
Raw materials and consumables	2,800	7,500
Total	2,800	7,500

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	15,128	4,160
Amounts owed to related parties	134,252	108,538
Taxation and social security	6,508	-
Finance lease and HP contracts	24,247	58,000
Accrued liabilities and deferred income	3,326	4,063
Total	183,461	174,761

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	128,228	119,138
Total	128,228	119,138

8.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	152,474		177,138

9.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	2,302	2,302
Total	2,302	2,302

10.	Related party transactions
	The company has taken advantage of the exemptions provided in FRS 102 from reporting transactions between wholly owned members of the group.

11.	Controlling party
	The company was under the control of Prudent Clinic limited, the ultimate holding company registered in England and Wales.